14
-
Hong Kong Monetary Authority money market operations
Time
Cumulative change
$ million
(hours)
($million)
Opening balance in the account
2,007
0930
+794
Closing balance in the account
2,370
1000.
+800
Change attributable to :
1100
+795
Money market activity
+763
1200
+795
LAF today
-400
1500
+814
1600
+763
LAF rate 4.00% bid/6.00% offer TWI 123.6 *-0.2* 20.3.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue Coupon Price
Yield
1 week
4.68
2 years
2802
5.16
98.42
6.14
1 month
4.90
3 years
3901
5.57
98.15
6.38
3 months
5.14
5 years
5103
6.75
99.46
7.00
6 months
5.21
7 years
7302 6.02
93.65
7.33
12 months
5.60
5 years
M502 7.30
100.54
7.29
Total turnover of EF bills and notes - $34,362 million
Closed March 20, 1996
End